Their Boss Is Offering Them The Coffee Shop For $65K. It Feels Like A Sign, But 'If It's Truly So Low-Maintenance, Why Would They Sell?'

Core Insights - A worker has been offered the opportunity to buy a waffle and coffee shop for $65,000 after managing it for three years, as the owner seeks to focus on another business venture [1] - The shop reportedly generates monthly revenues of $30,000 to $40,000, with net profits between $3,000 and $4,000 [2] Financial Considerations - The asking price of $65,000 is approximately twice the annual profit, which may appear attractive, but raises questions about the owner's motivations for selling [3] - Concerns have been raised regarding the lease structure, which operates on a percentage-of-sales model; potential increases in rent or lease expiration could significantly impact profitability [5] - The seller has been using personal expenses as business expenses, complicating the financial assessment; potential buyers are advised to review tax returns rather than relying on spreadsheets [6] Operational Factors - The shop does not include ownership of equipment, as it is rented from the food hall, and lacks clear franchise or brand value [7] - Some perspectives suggest that while the deal may not be a path to wealth, it could be a viable lifestyle business for the current manager, offering a modest pay increase [7]